Comments on Five Checkpoints on Your Race to RetirementTypePad2011-09-16T18:38:49ZNAhttps://www.freemoneyfinance.com/tag:typepad.com,2003:https://www.freemoneyfinance.com/2011/10/five-checkpoints-on-your-race-to-retirement/comments/atom.xml/Matt commented on 'Five Checkpoints on Your Race to Retirement'tag:typepad.com,2003:6a00d83451bcbd69e20162fbe41131970d2011-10-24T23:10:01Z2011-10-24T23:10:01ZMatt@bob cratchett. Most rules of thumb are crap. You need to work the numbers for yourself and apply it to...<p>@bob cratchett.<br />
Most rules of thumb are crap. You need to work the numbers for yourself and apply it to your situation.</p>
<p>The tell us what "expert" person is saying by punch holes in it. If you feel comfortable at where you are then you have succeded in thinking it through.</p>
<p>People spend more time planning the family vacation then they do their retirement.</p>JimL commented on 'Five Checkpoints on Your Race to Retirement'tag:typepad.com,2003:6a00d83451bcbd69e20153928dd3eb970b2011-10-24T19:43:07Z2011-10-24T19:43:07ZJimLThe future healthcare costs will be a wild card for most people. The costs are out of control and benefits...<p>The future healthcare costs will be a wild card for most people. The costs are out of control and benefits will likely change in the future. </p>
<p>I have a retirement healthcare benefit from my employer, but like social security, I am not counting on getting the full benefits.</p>
<p>I look at all the categories and consider what a worst case scenario could be and then plan on how I will be prepared to handle each one.</p>bob cratchett commented on 'Five Checkpoints on Your Race to Retirement'tag:typepad.com,2003:6a00d83451bcbd69e20153928d1ed1970b2011-10-24T17:16:35Z2011-10-24T17:16:35Zbob cratchettThis is idiotic. Another reporter who make vast generalities< I was making (gross) 150k /year. Out of that I paid...<p>This is idiotic. Another reporter who make vast generalities< I was making (gross) 150k /year. Out of that I paid house payments which I don't have now, all sorts of insurace which I don't need not and contributed to 401K and Social security, none of which apply. Still think IO need 1,650,000 for retirement? I don't think so since I now have no expenses other than monthly with some extras like a vacation now and then. Your article is CRAP.</p>Nashville commented on 'Five Checkpoints on Your Race to Retirement'tag:typepad.com,2003:6a00d83451bcbd69e2015436608f7d970c2011-10-24T16:34:29Z2011-10-24T16:34:29ZNashville11 times which pay? Gross or net? I only bring home about half of my gross so big difference. Also...<p>11 times which pay? Gross or net? I only bring home about half of my gross so big difference. Also no consideration of an indpendent pension income source in addition to SS. </p>
<p>I agree with FMF, figure living expenses and then see if your pension and/or SS and/or investment income will cover them and for how long. That's real.</p>